RESTRUCTURING EXPENSES

12 Months Ended

Mar. 31, 2016

Restructuring and Related Activities [Abstract]

RESTRUCTURING, TRANSITION AND ACQUISITION EXPENSES

RESTRUCTURING, TRANSITION AND ACQUISITION EXPENSES

GVE Acquisition Restructuring and Transition

In connection with our acquisition GVE in fiscal 2014, we completed strategic assessments of our Content & Entertainment business in order to realign resources and shift our focus toward owning and distributing original content. As a result, we recorded $2.6 million of restructuring, transition and acquisitions expenses for the year ended March 31, 2015, primarily related to the integration of GVE, workforce reduction, severance and employee-related expenses, professional fees, relocation expenses and other internal expenses directly related to the acquisition.

2016 Workforce Reduction

During the year ended March 31, 2016, we completed a strategic assessment of resource requirements within our Content & Entertainment and Corporate reporting segments to better align our cost structure with anticipated revenues. As a result of that assessment, we recorded restructuring, transition and acquisition expenses of $1.1 million for the year ended March 31, 2016.

The following table presents a roll forward of restructuring, transition and acquisition expenses and related liability balances:

(In thousands)
Amount accrued as of March 31, 2014	$	1,019
Costs incurred	2,638
Amounts paid/adjustments	(3,657		)
Amount accrued as of March 31, 2015	—
Costs incurred	1,130
Amounts paid/adjustments	(625		)
Amount accrued as of March 31, 2016	$	505